DroneShield Limited (ASX: DRO) reported committed revenue of $251 million for fiscal year 2026. This figure increased from the $240 million recorded on August 21. The updated total places the company within its FY26 revenue guidance of $250 million to $270 million.
The company also secured $46 million in committed revenue for FY27 and beyond. Management attributed the growth to the successful conversion of its order pipeline into firm contracts.
DroneShield received its first order for the AI-enabled RfRecon product from a Western European military customer. Additionally, the company appointed former Afterpay and MYOB executive Rebecca Lowde as Chief Financial Officer, effective November.